QatarEnergy, CNPC to Close Big LNG Supply Deal with China

• Tuesday, 20th June 2023
• by Israa Ibrahim

QatarEnergy and CNPC, Chinese state-controlled company, are expected to sign a 27-year contract to allow Qatar to secure its second large gas supply with the Chinese company, according to sources in a Reuters repo ...

CNOOC Stocks Climb 44% in Shanghai Debut

• Thursday, 21st April 2022
• by Sarah Samir

The oil giant's stock started trade at 20% more than its offering price. However, the Shanghai Stock Exchange started a 30-minute trading suspension almost immediately when the stock price hit the daily allowable ...

Petrobras to Sell Remaining Stake in BR Distribuidora for BRL 26 Per Share

• Wednesday, 3rd February 2021
• by Fatma Ahmed

The Brazilian State- controlled Oil Producer Petrobras agreed to sell it remaining shares in BR Distribuidora if its stock recovers to BRL 26 per share.

Fujairah Oil Stocks Increase

• Sunday, 24th February 2019
• by Editorial Team

The oil products stock at Fujairah port increased by 2.4%, reaching 22.008 million barrels, according to data exclusively obtained by S&P Global Platts.

Egypt Aims to Secure 45 Days of Butane

• Monday, 3rd April 2017
• by Dr. Mahinaz El-Baz

EGPC's Chamber of Operation will implement a new strategic plan to fulfill the local demand of petroleum products.

Iran Denies Possessing Seaborne Oil Stockpile

• Sunday, 22nd January 2017
• by Editorial Team

Iran has no stockpile of crude oil at sea and its floating gas condensates have all been sold, according to the Iranian Oil Terminals Company’s (IOTC) Managing Director, Seyyed Pirouz Mousavi.

Maridive Slumps to Lowest in More Than 2 Years as Oil Retreats

• Wednesday, 28th September 2011
• by Egypt Oil & Gas

Maridive & Oil Services SAE (MOIL), an Egyptian marine and oil support services company, tumbled to the lowest level in more than two years after the price of oil declined.